The self driving arm of Google’s parent company Alphabet – Waymo, has got into a partnership with French car maker Renault and Japanese auto giant Nissan with the aim of developing self-driving cars and trucks  for the markets in France and Japan and potentially for all other markets...

The bankrupt United States utility giant PG&E Corp. is contemplating a new plan that would help it to be brought out of bankruptcy in March next year. The company is planning the establishment of a $14 billion fund that would take care of claims against it for past wildfires while another $20...

A host of issues surrounding contracts and concerns over security because of the increasing tensions between the United States and Iran has created uncertainty about the execution of a $53 billion project to increase oil output at the southern fields of Iraq by the US energy giant ExxonMobil even...

The owner of the British Airways – IAG, has agreed to place order for 200 of Beoing’s 737 Max jet in a letter of intent to the airplane marker which comes as a boost for the company which has all of its 737 Max jets grounded for months now all over the world..   The 737 Max jets would soon...

Facebook has finally announced the details of its much awaited crypto currency called Libra which can be used by Facebook users to purchase things or transfer money to people and play almost no fees for such services.   Users can buy or cash out Libra coins online or at a local exchange...

The ban by the United States government on China's Huawei Technologies Co Ltd has hit the company more than expected, said the company’s founder and CEO Ren Zhengfei. This has also forced the company to reduce its revenues expectations for the current year.   On multiple earlier occasions,...

The German auto giant Volkswagen plans to put up for sale 10 per cent shares of its truck unit Traton at the stock exchange and hopes to generate up to 1.9 billion euros ($2.1 billion). Earlier the company had announced its intention of listing of up to a quarter of the business unit.   The...

The claims litigations against it in the US over charges that its glyphosate pesticide causes cancer have dented the reputation of Germany’s Bayer and the company is now trying to mend some of that dented image by announcing an investment of 5 billion euros ($5.6 billion) towards research in...

Apple has not given up on acquiring the Germany-based modem business of chip maker Intel and is still examining the possibilities, according to reports published recently in the media citing sources with knowledge of the matter.   Reports indicated that selling off pieces of its modem...

Chinese tech firm and the largest telecom equipment maker of the world Huawei Technologies Co Ltd has asked a payment of more than $1 billion as licensing fees for using more than 230 of its patents form the United States mobile service provider Verizon Communications Inc according to reports...

Uber has chosen Melbourne to test its flying taxi service called Uber Air as a pilot project. The company plans to conduct the test flights next year while the company wants to commence commercial operations for the same from 2023.   The company portrays Uber Air to be an "urban aviation...